EURUSD Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:13 am
EURUSD is facing 1.1045 resistance, as long as this level holds, the sideways movement in a range between 1.0462 and 1.1045 could be expected to continue. However, a break of 1.1045 resistance will indicate that the uptrend...

USDCAD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:30 am
USDCAD stays in the trading range between 1.2447 and 1.2835. The sideways movement could be expected to continue over the next several days. Key support is at 1.2447, as long as this level holds, one more rise...

USDJPY Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:29 am
USDJPY remains in downtrend from 122.02, the rise from 119.29 could be treated as correction of the downtrend. Support is at 119.29, a breakdown below this level could signal resumption of the downtrend, then next target would...

AUDUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:29 am
AUDUSD moved sideways in a range between 0.7560 and 0.7912 for several months. As long as 0.7912 key resistance holds, the price action in the range could be treated as consolidation of the long term downtrend from...

GBPUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:28 am
GBPUSD stays in the trading range between 1.4634 and 1.5162. The sideways movement could be expected to continue over the next several days. Resistance is at 1.5162, as long as this level holds, another fall towards 1.4000...

EURUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:27 am
EURUSD continued its sideways movement in a range between 1.0462 and 1.1045. Resistance is at 1.1045, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...

USDCAD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:05 am
USDCAD failed to break above 1.2797 resistance, and stayed in the trading range between 1.2351 and 1.2797. Deeper decline to test the support of the upward trend line on daily chart could be seen, as long as...

USDJPY Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:05 am
After touching 121.84 resistance, USDJPY pulled back into the trading range between 115.56 and 121.84, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is underway. Deeper decline to 114.00 area to complete...

AUDUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:04 am
AUDUSD moved sideways in a trading range between 0.7560 and 0.7912. Key resistance is at 0.8000, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1,...

GBPUSD Weekly Analysis – March 22, 2015

by ForexCycle.com | March 22, 2015 7:03 am
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4634 could be treated as consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart, as long...